Imasco
Imasco Limited was a Canadian corporation headquartered in Montreal, Quebec, Canada. It was founded in 1970 as Imperial and Associates, Co.
 | |
| Type | Formerly: Public |
|---|---|
| Industry | Tobacco, Restaurants, Pharmacies, Trusts |
| Fate | Amalgamated into Imperial Tobacco Canada in 2000 |
| Founded | 1970 |
| Headquarters | Montreal, Quebec, Canada |
Area served | 42 US states and 42 countries |
| Revenue |  $8.8 million USD (1989) |
| $22.5 million USD (1987) | |
| Owner | British American Tobacco |
Number of employees | 157,300 (1989) |
| Parent | British American Tobacco |
| Website | Imasco.com |
History
Imasco was the former owner of Imperial Tobacco Canada, Canada Trust, Shoppers Drug Mart , Genstar, and the Hardee's restaurant chain. The company sold Hardee's in 1997 to CKE, Canada Trust in 2000 to Toronto-Dominion Bank and Shopper's Drug Mart in 2000 to a consortium of institutional investors. British American Tobacco, or BAT, had owned 41.5% of Imasco's shares. In 2000 British American Tobacco purchased the remaining 58.5% shares in Imasco and amalgamated the company with Imperial Tobacco Canada Limited.
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